Renowned crypto trading platform OKEx announced on Monday that it is supporting the JUST Token airdrop for TRX holders. The giveaway will be in a phased manner and will begin at midnight on May 20.
ANNOUNCEMENT: We'll now support #JUST @DeFi_JUST
airdrop for #TRX holders. Learn more: https://t.co/n1cefPDImT https://t.co/P84xjJ0VRf— OKX (@okx) May 19, 2020
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The Malta-based crypto exchange shared a detailed blog about the airdrop on its website, where it stated that the JUST Foundation would make 2.2% of the total supply available for the airdrop, which equates to 217,800,000 JST. It further said,
The distribution of JST tokens will happen on the ratio of TRON held by the users to JUST available on OKEx. JUST is a new age distributed platform, and is already one of the fastest-growing crypto network. According to Dapp.com, JUST had the 3rd highest 24-hour transaction volume in finance dapps, which is a great achievement for a platform that is just a few weeks old.
🚀@DeFi_JUST 24h volume +2512511.89%, NO.3 in finance #dapps
🔔Upcoming $JST #Airdrop
-If you have over 100 $TRX in your FTX account on 20 May 00:00 UTC
-You'll receive $JST airdrop in your https://t.co/kznsS1YxXC account on 21 May 00:00 UTCDeposit now👇https://t.co/VWLyDVrFLw pic.twitter.com/QKhtaIyYtq
— Dapp.com (@dapp_com) May 18, 2020
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The JUST platform is based on the TRON blockchain and provides decentralized financial solutions to users across the globe. Apart from the native JST coin, the network also has a USD based stablecoin called USDJ, which now has a supply valued at more than $4.2 million. The collateral transactions between TRX and JST have also been quite substantial, with the volumes now exceeding more than $15 million.
👍INCREDIBLE👍#JUST #TRX collateralization amount has already exceeded 1 billion, about 15 million USD.👏
The total supply of #USDJ has exceeded 4.12 million USD.🤟 pic.twitter.com/PIxxqaHq5i
— JUST Foundation (@DeFi_JUST) May 18, 2020